Gold declines below $4,100 as US–Iran tensions revive inflation worries, Fed rate hike bets

Rising interest rates in South Korea could dampen crypto enthusiasm, as higher returns on traditional savings reduce the appeal of volatile assets. The post Bank of Korea signals rate hikes as inflation overshoots, and Korea’s massive crypto market should pay attention appeared first on Crypto Briefing.

The post Trump Kharg Island remarks hit Hormuz outlook as Polymarket Yes sinks to 4.5% appeared on BitcoinEthereumNews.com. Rongchai Wang Jul 08, 2026 14:20 A report said Donald Trump claimed the U.S. attacked Iran’s Kharg Island the previous night and floated reinstating a blockade of Iranian ports. Trump Kharg Island remarks hit Hormuz outlook as Polymarket Yes sinks to 4.5% Trump Cites Kharg Island Attack, Blockade Threat — Polymarket Shifts to “No” on Strait of Hormuz Normalization by July 3 Comments attributed to Donald Trump about a U.S. attack on Iran’s Kharg Island and a possible reinstatement of a blockade of Iranian ports are being reflected in Polymarket pricing on whether Strait of Hormuz traffic returns to normal by July 31. The contract’s odds have shifted sharply toward a “No” outcome as traders weigh renewed disruption risk. Key Takeaways Polymarket prices a 95.5% chance that Strait of Hormuz traffic does not return to normal by July 31, versus 4.5% fo

BOJ's potential rate hikes could disrupt global financial markets, impacting risk assets like Bitcoin due to changing capital flows. The post Bank of Japan may accelerate rate hikes to combat inflation, and Bitcoin holders should pay attention appeared first on Crypto Briefing.

The post Trump says Iran ceasefire is over as Polymarket trims 2028 Dem odds appeared on BitcoinEthereumNews.com. Joerg Hiller Jul 08, 2026 12:47 On Monday, Donald Trump said the Iran ceasefire was “over” and dismissed negotiations as “a waste of time,” signaling dim prospects for de-escalation. Trump says Iran ceasefire is over as Polymarket trims 2028 Dem odds Trump Declares Iran Ceasefire “Over”: Polymarket’s 2028 Democratic Nominee Leader Slips on Geopolitical Jolt Former President Donald Trump said the Iran ceasefire was “over” and called talks a “waste of time,” comments that injected fresh uncertainty into an already volatile foreign-policy backdrop. Polymarket traders nonetheless marked down pricing in the “Democratic Presidential Nominee 2028” market, with the leading contract slipping even as activity remained heavy. Key Takeaways Gavin Newsom led Polymarket’s “Democratic Presidential Nominee 2028” market at 18.7% implied odds, ahead of Alexandria Ocasio-Cor

The post Oil spike hits Bitcoin near $62K as Polymarket pegs $52K at 99.9% appeared on BitcoinEthereumNews.com. Joerg Hiller Jul 08, 2026 12:28 Tuesday’s New York Fed survey showed 12-month inflation expectations rose to 3.7% as renewed U.S.-Iran airstrikes helped drive oil up about 5%, with Bitcoin hovering near $62,000 ahead of Fed Oil spike hits Bitcoin near $62K as Polymarket pegs $52K at 99.9% Bitcoin Slips Toward $62,000 After Iran-Linked Oil Spike as Polymarket Ladder Prices July 9 Levels Renewed Middle East hostilities that pushed oil prices sharply higher have added a fresh macro shock for Bitcoin, which slipped back toward the low $62,000 area as risk markets reacted. On Polymarket’s “Bitcoin above ___ on July 9?” ladder, traders still price very high odds that Bitcoin will clear the lower strike levels by the July 9 resolution window. Key Takeaways Polymarket implies a 99.9% chance Bitcoin will be above $52,000 on July 9. Traders are weighing conflicting in

The post Federal Reserve Flags Inflation Risks After June Rate Hold appeared on BitcoinEthereumNews.com. Federal Reserve policymakers signaled that inflation remains a major concern despite keeping interest rates unchanged during their June meeting. Fresh meeting minutes revealed that officials debated several policy paths as economic uncertainty continued.  Besides persistent tariff effects, policymakers identified strong artificial intelligence investment and geopolitical tensions in the Middle East as additional inflation drivers. Consequently, investors now await upcoming economic data because future interest rate decisions remain highly dependent on inflation trends and broader market conditions. Officials Weigh Different Policy Paths Chairman Kevin Warsh led his first policy meeting on June 16-17, where officials agreed to maintain the federal funds rate between 3.5% and 3.75%. However, members expressed different expectations for the remainder of 2026.  Many anticipated stable o

The post Trump urges US-Spain trade cutoff as Polymarket backs Starmer exit at 97.3% appeared on BitcoinEthereumNews.com. Alvin Lang Jul 08, 2026 12:16 On July 8, 2026, Donald Trump reportedly called for cutting off all U.S. trade with Spain, without detailing how or when it would happen. Trump urges US-Spain trade cutoff as Polymarket backs Starmer exit at 97.3% Trump Calls to Cut Off All U.S. Trade With Spain, Pushing Polymarket’s “Starmer Out Before 2027” Odds Up to 97.3% Donald Trump called for cutting off all U.S. trade with Spain, a headline that landed as Polymarket traders priced an even stronger consensus in the “Next leader out of power before 2027? (No Orban)” market. The contract’s leading outcome, “Starmer – UK PM,” ticked up to 97.3% from 97.05% as of the latest update. Key Takeaways Polymarket prices “Starmer – UK PM” as the next leader out of power before 2027 at 97.3%. Traders nudged the leader higher after headlines that Trump called to cut off all U

The post Japan Money Supply M2+CD (YoY) declined to 2.2% in June from previous 2.5% appeared on BitcoinEthereumNews.com. Gold trades with a positive bias during the Asian session on Thursday and looks to build on the overnight bounce from $4,020, or a one-week low. Minutes of the June FOMC meeting showed an evenly divided debate over the monetary policy outlook and failed to impress the US Dollar bulls, which is seen supporting the bullion. However, fresh US-Iran tensions trigger a sharp recovery in Oil prices, reviving inflationary concerns and reinforcing bets for at least one Fed rate hike in 2026. This should cap the non-yielding yellow metal. Source: https://www.fxstreet.com/news/japan-money-supply-m2cd-yoy-declined-to-22-in-june-from-previous-25-202607082351